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From time use to contingent work to labor supply: thoughts on the contributions of Alan Kreuger

From time use to contingent work to labor supply: thoughts on the contributions of Alan Kreuger Abstract Alan had a real concern with “getting it right,” even when getting it right was something that was going to be very, very difficult to do. I focus on some trends in labor supply that Alan was very concerned about. There has been a huge employment and earnings shift in recent years toward those with a Bachelor’s Degree or greater. Moreover, within each educational attainment group, the earnings of those who either have a certificate but no license, or a license, are higher. As for labor force participation, there has been a consistent decline for white men aged 25–54. Alan demonstrated that geographic areas with the greatest decline in labor force participation rates have been those with the highest use of prescription opioid drugs. My work with the National Longitudinal Survey further shows that, in the wake of the Great Recession, younger cohorts of workers are more prone to spells of unemployment or nonpartication in the labor force than those of the past. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Business Economics Springer Journals

From time use to contingent work to labor supply: thoughts on the contributions of Alan Kreuger

Business Economics , Volume 55 (1): 8 – Jan 1, 2020

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References (2)

Publisher
Springer Journals
Copyright
2020 National Association for Business Economics
ISSN
0007-666X
eISSN
1554-432X
DOI
10.1057/s11369-019-00156-1
Publisher site
See Article on Publisher Site

Abstract

Abstract Alan had a real concern with “getting it right,” even when getting it right was something that was going to be very, very difficult to do. I focus on some trends in labor supply that Alan was very concerned about. There has been a huge employment and earnings shift in recent years toward those with a Bachelor’s Degree or greater. Moreover, within each educational attainment group, the earnings of those who either have a certificate but no license, or a license, are higher. As for labor force participation, there has been a consistent decline for white men aged 25–54. Alan demonstrated that geographic areas with the greatest decline in labor force participation rates have been those with the highest use of prescription opioid drugs. My work with the National Longitudinal Survey further shows that, in the wake of the Great Recession, younger cohorts of workers are more prone to spells of unemployment or nonpartication in the labor force than those of the past.

Journal

Business EconomicsSpringer Journals

Published: Jan 1, 2020

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